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The lighter the crude and lower the sulfur content, the more gasoline history you history can get, and the higher the price the crude commands on the market. Conversely, the heavier and higher in sulfur the oil is, the lower its price. For example, Light Louisiana Sweet a grade of crude pumped from the Gulf of Mexico usually costs slightly less than West Texas Intermediate (WTI), while history Mars Royal Dutch/Shell's unofficial Gulf of Mexico sour crude sells at a substantial discount to WTI, what is called the sweet-sour spread. On Tuesday, December 28, the New York Mercantile Exchange price for WTI delivered in February (the contract month) closed at $41.77 per barrel (while the WTI spot price for delivery at the huge oil terminal complex in Chushing, Oklahoma, was $41.75 per barrel). That same day, Light Louisiana Sweet traded at $41.68,
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